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1. Even though there are many auto rickshaw manufactures, two companies Bajaj
and M&M, control the market in Maharashtra. If both the companies make similar
design changes in their auto rickshaws in a year, their market shares will remain
unchanged. Similarly if neither of them goes for any changes, then also their
market shares will remain constant. But if incase one company goes for a design
change and other doesnt then the market shares are going to change, the payoff
matrix for increase or decrease in market share under different possible scenarios is
given below:
Bajaj
No Small Major
changes changes Changes
No changes 0 -4 -10
M&M
Small changes 3 0 5
Major
Changes 8 1 0
Find the value of the game. What changes should M&M consider if this
information is only available to it?
2. Using suitable examples discuss the difference between simple linear regression
and logistic regression.
3. To assemble a Drone, Mukesh has laid out the seven major activities involved.
The activities are labeled as A through G in the following table, which also shows
their various completion times (in Hrs) and immediate predecessor of each activity.
Most Most
optimistic Most likely pessimistic immediate
Activity time time time predecessor
A 1 2 3 -
B 2 3 4 -
C 4 5 6 A
D 8 9 10 B
E 2 5 8 C,D
F 4 5 6 D
G 1 2 3 E
b. Determine the critical path for the project. What is the probability of completing
the project in less than 25 hours?